THE OPPORTUNITY

The asset, a small gold mine in production, is located in a mining friendly area of Brazil. Resources identified are over 100koz @ 1.8gt+ (indicated + inferred) with substantial exploration upside, brownfields exploration (well-known district).

The project is currently owned by a public company. The owners are seeking direct investment in the range of $1-2 million, to complete expansion and exploration targeting 500koz+; good indications of prospectivity for a multi million ounce deposit exist.